Manhattan’s 14th Street is a cross-section of city’s neighborhood diversity. As the longest cross street on the island, the 2.5-mile thoroughfare borders the Meatpacking District, Chelsea, Union Square, Gramercy, Stuyvesant Town and the East Village. As all of the city’s neighborhoods become more desirable to live, work and play, new development is springing up from unexpecting corners.
Near the East River at 644 East 14th Street, at the southwest corner of Avenue C, Opal Holdings has started excavation on a 15-story, 50-unit mixed-use building in the East Village. There will be 5-story community facility and retail at its base with residential rentals above.
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The lot previously held the one-story auto-body shop of R&S Strauss. Per The Real Deal, Opal purchased the lot from the Rabsky Group for $23M last July. The building is being designed by architect Karl Fischer notorious for his glossy constructs across the river in Williamsburg. A press release from the project’s lender, Madison Realty Capital (MRC), says the units will offer contemporary finishes and large balconies. The views will be among the most interesting in the city for it will not only overlook the East River but a yard of transformers belonging to the Con Edison plant across the way.
New Developments Editor
Ondel Hylton
Ondel is a lifelong New Yorker and comprehensive assessor of the city's dynamic urban landscape.